ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Jan-04 18:13 CT

Price Action

• Last: 122.41859,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 114.9375,
• 4. Pvt. Next: Pvt high 126.65625,
• 5. Levels R: 145.21875, 134.21875, 126.65625, 120.75, 119.21875, 115.21875, 108.9375, 108.40625, 108.40625,
• 6. Levels S: 114.9375, 108.9375, 108.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.21875 Down Trend,
• (Intermediate-Term) 10 Week: 116.19625 Down Trend,
• (Long-Term) 20 Week: 116.94344 Up Trend,
• (Long-Term) 55 Week: 120.41875 Down Trend,
• (Long-Term) 100 Week: 122.40625 Down Trend,
• (Long-Term) 200 Week: 134.4375 Down Trend.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

The ZB U.S. Treasury Bond Futures weekly chart reflects a market in consolidation, with price action currently hovering near the 122.42 level and momentum appearing slow. The short-term and intermediate-term trends are neutral, as indicated by the WSFG and MSFG grids, with price oscillating within the NTZ (neutral trading zone) and no clear directional bias. Swing pivots show a short-term downtrend but an intermediate-term uptrend, suggesting a market caught between recent lower highs and higher lows. The most recent pivot low at 114.9375 and pivot high at 126.65625 define the current trading range, with significant resistance overhead and support levels clustered below. Moving averages reinforce a mixed outlook: while the 20-week MA is in an uptrend, all other key benchmarks (5, 10, 55, 100, and 200 week) remain in downtrends, highlighting persistent long-term bearish pressure. Overall, the chart suggests a choppy, range-bound environment with no strong directional conviction, as the market digests prior moves and awaits a catalyst for breakout or breakdown.